Kampala, Uganda | THE INDEPENDENT | Uganda has started revising double taxation agreements it has with developed countries to plug tax loopholes that many corporations have been using to evade taxes. Double taxation agreements govern which country has the right to tax corporate profit when a company has subsidiaries …
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Kampala, Uganda | THE INDEPENDENT | Ugandan importers have accused Uganda Revenue Authority – URA of making it hard for them to trade after it said some goods, including footwear, motor vehicle tyres and garments of any kind would not be eligible for customs warehousing. URA said in a notice …
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Kampala, Uganda | THE INDEPENDENT | The Ministry of Local Government has rolled out the automated Revenue Management System, e-logRev aimed at increasing revenue collections. The online tool is used for local taxpayers’ registration, payment assessments, e-payment, reconciliation, enforcement, reporting and integration with other government agencies. The system was launched …
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Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) realized less revenue last month with both domestic and international taxes performing poorly. According to Ministry of Finance filings for the month, collections in August were below target by 149 billion shillings. Overall, URA collected 1.4 trillion shillings in August, …
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The African Continental Free trade Area (AfCFTA) Agreement: How is URA Customs positioned to champion this agenda? GUEST COLUMN | DICKSONS KATESHUMBWA | The Uganda Revenue Authority (URA) Customs department was central in the negotiations that culminated in the African Continental Free Trade Agreement (AfCFTA). Whereas legally binding effective on 30th …
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Kampala, Uganda | THE INDEPENDENT | Water and Environment Minister Sam Cheptoris has suggested that the government considers exempting taxes from all gas products and distributes gas cylinders at discounted rates in order to reduce the destruction of forests. Cheptoris says that the initial price of gas cylinders is a …
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Washington, United States | AFP | US President Donald Trump threatened his French hosts with taxes on their wines Friday as he headed to a G7 summit in France with a series of parting shots, including another broadside at the Federal Reserve’s chairman. After a day that saw big falls on …
Read More »Kampala, Uganda | THE INDEPENDENT | Uganda Airlines has slashed prices for the maiden flight slated for 28 August with a one-way ticket put at 166,000 shillings from Entebbe to Jomo Kenyatta International Airport (JKIA). This means a return ticket goes for an enticing 330,000 shillings, a huge deal from the …
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Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority’s continued focus on compliance management, debt collection, customs enforcement and investigation of fraudulent schemes ensured the tax body saved sh383 billion in collections in 2018/19. Compliance initiatives yielded sh151.18 billion, debt recoveries brought in sh92.45 billion, customs enforcement had sh78.48 billion saved while investigations were …
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Athens, Greece | AFP | “Once my taxes are paid, at the end of the day I have 20 or 25 euros left in my pocket,” lamented Greek hairdresser Babis Toumbanos. Like him, there are many entrepreneurs in the country who want the new conservative government that emerged from the July …
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The Independent Uganda: You get the Truth we Pay the Price
